BY: Thomas J. Perrone, CLU,CIC
The elephant in the room is about the four major questions that need to be asked by a business owner and advisors for the business owner to avoid failure of the business. The four major questions are.
- What happens to the business if you die become disabled or want to retire?
- What happens to the business if you lose your key person or key group to competition, or they leave?
- What happens to your business if you have a bad economy and cannot make cash flow to support the business?
- What happens if you burn out and want to leave the business?
I cover these four areas in this video.
The major question:
How Will the Failure of the Business Affect Your Family!
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